$UNI /USDT BEARISH BREAKDOWN – PRESSURE BUILDING BELOW KEY SUPPORT LEVEL!
$UNI has dropped to $6.31, down nearly -5% today, after failing to hold above the $6.60 short-term support. The price action shows a series of lower highs and consistent selling pressure, with a new low forming near $6.25. If this level cracks, a deeper correction may unfold toward the $6.00 and $5.80 zones.
Trade Setup (SHORT):
Entry Price: $6.32 – $6.45
Target 1: $6.10
Target 2: $5.85
Stop Loss: $6.60
Why Short?
With recent momentum turning sharply negative and UNI underperforming in the DeFi sector, the breakdown below intraday support aligns with bearish continuation patterns. The 24h volume of 62.66M USDT shows strong sell-side interest. Unless bulls reclaim $6.60+, UNI could head lower.
Risk Management Tip:
Set your SL just above the failed support. Monitor closely for fakeouts — stick to confirmation candles before entry.
Sell smart — don’t chase green candles when the trend is turning red!
